Let’s talk about this buzzword you’ve likely heard tossed around at industry meetings ‘social inflation.’ At its core, it’s about those skyrocketing insurance claim...
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The insurance industry faces one of the highest customer acquisition costs compared to all other sectors, with an average cost reaching as high as...
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In 2022, state insurance departments conducted 4,379 financial and 1,260 market conduct examinations, highlighting the critical need for compliance with insurance regulations. More than...
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Safeguarding sensitive data is paramount for businesses across the spectrum. The insurance industry is no exception. As cyber threats evolve in complexity and frequency,...
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The insurance industry is no stranger to challenges. In 2023, the US Property & Casualty (P&C) sector, including insurance agencies and Managing General Agents...
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As reported by InsuranceJournal, Hartford Insurance declared in a recent statement that it would cease offering new homeowners’ insurance policies in California from February...
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Regardless of size, insurance agencies can transform their businesses and stay competitive with Robotic Process Automation in Insurance operations. This technology is essential as...
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With regulatory scrutiny and evolving compliance standards, the term Insurance Regulatory Compliance has become more than just a buzzword. It’s a lifeline that ensures...
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For centuries, the worlds of construction and corporate property insurance have existed in separate dimensions. However, the digital revolution is tearing down these walls...
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